Innovate UK

Innovate UK is a non-departmental public body established in 2007 and based in Swindon, United Kingdom. Funded by a government grant, it supports innovation in science and technology by providing funding services to businesses across various sectors and regions. The organization aims to drive productivity and economic growth by facilitating advancements that contribute to the UK’s economic landscape. In addition to funding, Innovate UK offers a range of services and information related to business and economic development, thereby fostering a supportive environment for innovation.

Mike Biddle

Programme Director of Industrial Strategy Challenge Fund

Will Drury

Executive Director, Digital and Technologies

Paul Gadd

Deputy Director

Dr. Tom Jenkins

Deputy Director

Scott James O'Brien

Director, Innovation Finance

Nigel Walker

Deputy Director, Lending and Investor Partnerships

Dave Wilkes

Director of Innovation Ecosystem

Past deals in Mechanical Engineering

Monumo

Grant in 2024
Monumo is a deeptech engineering company specializing in the development of advanced electric motors. By integrating simulation, machine learning, and artificial intelligence with innovative motor design, Monumo aims to create next-generation electric vehicle motor systems that exceed traditional human capabilities. The company focuses on enhancing the efficiency of energy use globally through its cutting-edge electromagnetic engineering tools. These tools are designed to optimize electric motors to their fundamental limits, leveraging a blend of advanced electronic and mechanical engineering expertise alongside the latest technological advancements. Monumo's efforts contribute to the establishment of a more sustainable future.

Ultima Forma

Grant in 2024
Ultima Forma is a manufacturer based in England that specializes in producing lightweight, high-strength, multi-functional metallic engineering components. The company is focused on developing an innovative manufacturing process that enables the creation of complex 3D multi-material components with locally tailored nanoengineered characteristics. By offering customized solutions, Ultima Forma aims to redefine traditional manufacturing methods and deliver components with specific shapes and material properties, enhancing the performance and functionality of various applications.

Scintam Engineering

Seed Round in 2023
Scintam Engineering specializes in developing innovative engineering equipment and tooling platforms aimed at enhancing the efficiency and safety of maintenance processes. The company's offerings focus on reducing damage rates during disassembly compared to traditional methods, utilizing technology that minimizes harm to surrounding materials, including threads and coatings. Scintam's multi-purpose tool heads are designed to accommodate a variety of standard fastener types, allowing for quick setup and improved reliability in maintenance tasks across various industry sectors. By prioritizing safety and efficiency, Scintam Engineering supports industries in maintaining optimal performance.

New Motion Labs

Debt Financing in 2023
New Motion Labs (NML) is a mechanical engineering intellectual property licensing business based in the United Kingdom that specializes in the development and licensing of innovative sprocket tooth profiles for sprocket manufacturers. Their technology, known as Enduo, revolutionizes the conventional chain drive system by shifting the power transfer method to dual point engagement on both sides of the sprocket tooth. This advancement significantly enhances the durability of chain drives, allowing them to last up to 3.5 times longer while also reducing energy losses by 50%. The new sprocket tooth profile minimizes wear by eliminating relative movement over the teeth under load, which decreases friction and increases overall drivetrain efficiency. Additionally, NML's technology is designed to be retrofittable to existing applications, providing a lightweight and efficient solution for users looking to improve their drivetrain systems.

Scintam Engineering

Grant in 2022
Scintam Engineering specializes in developing innovative engineering equipment and tooling platforms aimed at enhancing the efficiency and safety of maintenance processes. The company's offerings focus on reducing damage rates during disassembly compared to traditional methods, utilizing technology that minimizes harm to surrounding materials, including threads and coatings. Scintam's multi-purpose tool heads are designed to accommodate a variety of standard fastener types, allowing for quick setup and improved reliability in maintenance tasks across various industry sectors. By prioritizing safety and efficiency, Scintam Engineering supports industries in maintaining optimal performance.

Grove Design

Grant in 2022
Grove Design provides design, engineering, product design, industrial design, and automotive engineering services. They also provide final testing and analysis, simulation and analysis, and manufacturing support services.

Cambridge Vacuum Engineering

Grant in 2020
CVE designs and builds process solutions and has more than 60 years experience manufacturing Electron Beam (EB) systems and Vacuum Furnaces (VF’s) from its base in Cambridge UK. CVE’s range of equipment includes systems ranging from 50 to 200 kV with beam powers up to 100 kW. Professional engineering skills are applied to customer requirements resulting in innovative solutions to technical problems. The company's skilled workforce, experienced engineering department and extensive service team are backed up with a range of in-house test and diagnostic facilities. CVE offers true global coverage from itssales and service centres in the UK and worldwide. Cambridge Vacuum Engineering's roots begin in the late 1950's in Cambridge, England with the founding of Torvac, a company specialising in the manufacture of Electron Beam Welders and Vacuum Furnaces. A break-a-way group formed Wentgate Engineers in the mid 1960's and for many years the two companies traded in competition. Torvac purchased the Hawker Siddley Dynamics "Dynaweld" technology, which added 150kV welders to their range.

Oxford Endovascular

Grant in 2020
Oxford Endovascular is focused on developing an innovative medical device for the treatment of brain aneurysms. The company's technology employs a laser-cut metal alloy with shape-memory properties, which can be inserted into a patient's brain via a catheter. Once in place, the device expands into a tiny mesh tube, known as a flow diverter, that conforms to the natural shape of the blood vessel. This design effectively diverts blood flow away from the aneurysm, facilitating its healing and reducing the risk of rupture. By utilizing advanced origami engineering, Oxford Endovascular aims to enhance patient outcomes and improve survival rates for those affected by intracranial aneurysms.

Lontra

Grant in 2015
Lontra Limited, established in 2004 and headquartered in Napton-on-the-Hill, UK, specializes in the development and manufacturing of innovative air and gas compressors. The company's flagship product, the Blade Compressor, is a patented, rotary device that offers up to a third more efficiency than traditional compressors, reducing energy consumption and enhancing reliability. Lontra serves a diverse range of industries, including automotive, wastewater treatment, power generation, and manufacturing, with customers in the UK and internationally. The company's success is underpinned by strategic partnerships with leading industry players and recognition from prominent organizations such as Innovate UK and the Institution of Mechanical Engineers.

Kepler Energy

Grant in 2013
Kepler Energy Limited is a UK-based development stage company founded in 2010, focused on the development and manufacturing of innovative tidal turbines designed to harness tidal energy. The company holds an exclusive license for a patented second-generation tidal turbine, originally developed by academics at the University of Oxford. Kepler's turbines are distinct in their larger, scalable design and capability to operate effectively in low tidal stream velocities, which are common in coastal waters worldwide. This technology allows for the construction of tidal fences, optimizing energy production and providing incremental revenue during the construction phase. Kepler Energy aims to address gaps in the tidal energy market by offering a cost-effective and powerful solution for sustainable energy generation, positioning itself as a leader in this emerging sector without direct economic competitors in specific resource areas.
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